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China - Wadding - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Wadding - Market Analysis, Forecast, Size, Trends And Insights

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Jan 31, 2023

China's Wadding Price Falls to $5,906 per Ton

China Wadding Export Price in September 2022

In September 2022, the wadding price stood at $5,906 per ton (FOB, China), dropping by -4% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in February 2022 an increase of 38% m-o-m. As a result, the export price attained the peak level of $7,180 per ton. From March 2022 to September 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($9,045 per ton), while the average price for exports to Brazil ($2,201 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

China Wadding Exports

After two months of decline, overseas shipments of wadding increased by 5.1% to 6K tons in September 2022. Over the period under review, exports, however, saw a pronounced decline. The pace of growth appeared the most rapid in March 2022 when exports increased by 67% month-to-month. The exports peaked at 8.6K tons in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.

In value terms, wadding exports stood at $36M (IndexBox estimates) in September 2022. Overall, exports, however, recorded a pronounced descent. The growth pace was the most rapid in March 2022 with an increase of 43% month-to-month. The exports peaked at 45K tons in January 2022; however, from February 2022 to September 2022, the exports stood at a somewhat lower figure.

China Wadding Exports by Country

The United States (899 tons), Vietnam (494 tons) and Japan (486 tons) were the main destinations of wadding exports from China, together accounting for 31% of total exports. These countries were followed by Australia, South Korea, the Philippines, Mexico, India, Brazil, Malaysia, Thailand, Cambodia and Saudi Arabia, which together accounted for a further 31%.

From January 2022 to September 2022, the biggest increases were in Brazil (with a CAGR of +20.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($4.5M), the United States ($4.3M) and Japan ($2M) constituted the largest markets for wadding exported from China worldwide, with a combined 30% share of total exports. Australia, Malaysia, India, South Korea, Thailand, Saudi Arabia, the Philippines, Mexico, Cambodia and Brazil lagged somewhat behind, together accounting for a further 30%.

Among the main countries of destination, Thailand, with a CAGR of +14.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Factors Affecting Wadding Prices

In China, the average price of wadding has been on the rise in recent years. A variety of factors have contributed to this trend. One factor is the increasing cost of raw materials. The price of cotton, for example, has been rising steadily in recent years due to a variety of factors including weather conditions and increased demand from developing countries. This has led to an increase in the cost of wadding made from cotton.

Another factor contributing to the rising price of wadding is increased labor costs in China. Wages have been rising steadily in recent years as the Chinese economy has developed and workers have become more productive. This has led to an increase in the cost of manufacturing wadding in China.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wadding market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 17221240 - Wadding, other articles of wadding

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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